The tech giant Google announced its plans to invest $1 billion in the development of infrastructure to provide cost-effective and stable internet connectivity throughout Africa. The entire timeline for this project is estimated to be around five years. The company announced this news via a virtual event, and also launched an investment fund for Africa. This investment fund can provide …

Volt Equity launched a new ETF with an interesting approach. It will expose investors to the portfolios of Tesla, Twitter, MicroStrategy, and Square. It is known as Volt Bitcoin Revolution ETF. You will be pleased to hear that this ETF has received the green light from the SEC (Securities and Exchange Commission). Almost 25% of the company’s stocks will include …

Arcane Crypto made an interesting discovery while researching the Lightning Network. People have been preferring this network for quite a while, but it reached its highest peak in the last month. It is due to the massive adoption of Bitcoins in El Salvador. It will go in a parabolic manner and will continue to do so till 2030. The group …

In recent days, a piece of news was circulating the market. It said that the SEC might ban cryptocurrencies. SEC chair Gary Gensler clarifies to the House Committee that while SEC has no such plans in the near future, the US Congress might. Gensler’s comment mirrors what Jerome Powell (Federal Reserve Chair) has said last week. There’s an ongoing debate …

Despite being known for having stringent security measures, Coinbase is suffering from regular breaches. This time, hackers took advantage of a flaw (a flaw in the Multi-Factor Authentication system) and stole from 6,000 users. They targeted the users by using the company’s SMS-based account recovery process. It is worth mentioning that this feature was introduced in early 2021. The entire …

Blaze Fire Games and SAITAMA LLC (including SAITAMATOKEN.com, Saitama Esports, SAITAMA STUDIOS, and SAITAMA EDU.) has signed a $50 million sponsorship deal, effective for multiple years. It will be effective in the United States, and everywhere else. The plan is to tie up different niches like gaming, NFTs, education via Blockchain networks, and use them for broadcasting and streaming purposes. …

The cryptocurrency market is full of good news, and I am talking about the revival of Altcoins. These Altcoins include ADA, SOL, and LUNA, whose trading volume rose up from 6% to 25% in just a few days. This happened after the Federal Reserve announced a stricter monetary policy, which usually concerns stimuli. Another example of an Altcoin reaching maximum …

Dubai World Trade Centre Authority to start crypto assets trading, and establish a framework adequate for that. It also came across an agreement that allows the body to authorize and issue all the necessary approvals and licenses for this purpose. On Wednesday, authorities mentioned that they will offer regulation, issuance, listing, and trading facilities to users from now on, to …

China, in a landmark announcement, declared all cryptocurrency transactions to be illegal in the future. People’s Bank of China announced this to ensure the protection of people’s properties and the continuation of financial, social, and economic order. The bank also said that this will uproot illegal cryptocurrency trading. But this news hurt cryptocurrency exchanges trading within the country. This is …

Sorare, a European NFT platform is receiving support from multiple sources, which is a recording-breaking feat. It raised $680M in a Series B funding round, according to Tuesday’s news report. The top investors are SoftBank Vision Fund, LionTree, Bessemer Ventures, IVP, Hillhouse, and Atomico. According to stats from this report, the value of the company is $4.3 billion. The company …